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Relocation Therapy

Sometimes, a change of address is good medicine.

Joanne Kaufman from the New York Times wrote an intriguing article this week related to the notion that there are events in life—a breakup, a death, or even an illness where relocating elsewhere actually turns into good medicine for the soul.  In this piece the New York Time’s  spoke to numerous individuals who thought the best medicine was to relocate.:

According to the Times, just as many legions swear to retail therapy as a way of dealing with a bad day. Many others deal with larger traumatic events by a form of real estate therapy. A new home, or an exciting new move can mean much more to some than a change of address. “If Real Estate is a big part of your problem, it’s possible that real estate can solve it,” said Elayne Reimer, executive vice president of Halstead Property.

Though it is an expensive form of therapy, this real estate cure has many converts. “Economically it wasn’t a good time to sell my condo,” said Ms. Kotcher, a Fort Lee transplant on the Upper East Side. “But I asked myself “What’s more important?”: Psychological well-being, or money in the bank you can’t get any interest on anyway?”

Though, as with any purchase there can be a buyers’ remorse the Times article goes on to say.  Eight years ago, Paul Purcell, a founder of Rutenberg Realty, split with his partner of two decades and sold their 41st floor place “with a view to die for” in the Olympic Tower at Fifth Avenue and 51st in New York City.

Later, Purcell  bought a perfectly fine one-bedroom in the East 50s, but put off doing the things that would have turned the apartment into a home. And yet, just the other week Mr. Purcell was walking past the Olympic Tower. “And the door-man was the same doorman as when we lived there,” he recalled. “And he said, ‘Mr. Purcell!’ And I hugged him and I went into the lobby and saw the concierge and the elevator operators and they all hugged me.” Purcell called his former partner and said: “Why did we ever leave? We loved it, we adored it. We adored the apartment.” He then added “You know, we really should have figured out a way to hold on to it.”

Psychologically is this the right thing to do? “There’s no right answer,” said Dr. Gail Saltz the clinical associate professor of psychology at New York- Prebytarian Hospital, according to the Times.  “Our home represents comfort  and another way of identifying ourselves,” she said. “Your identity is changed by loss, so you think of changing your house, too.”

People see a move “as a way of starting over, ” she added, “even a way of undoing the bad thing that has happened. It’s a defense mechanism.”

“We don’t process things instantly,” she said. “Being guided by a desire to run might lead you to a financially or emotionally unwise decision for yourself.” Unless, she said, “it means moving somewhere you had always wanted to be anyways.”

What are your thoughts on relocation therapy? Is a fresh start in a new location the best medicine? Leave your thoughts in our comments section and thank you for visiting Moving Help Tips!

 
http://www.nytimes.com/2013/01/06/realestate/relocation-therapy.html?pagewanted=all&_r=0

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Comments  1

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